Ensuring financial security for UAE nationals is a priority. That’s precisely what the General Pension and Social Security Authority GPSSA Dubai branch is all about.
The General Pension and Social Security Authority GPSSA was established in 1999. It operates under Federal Law No 6. The General Pension and Social Security Authority GPSSA provides pensions and social security to UAE citizens. This covers those working in both government and private sectors.
For Emirati employees in Dubai their employers register with the General Pension and Social Security Authority GPSSA. The General Pension and Social Security Authority GPSSA manages contributions pensions and end-of-service benefits. This is specifically for UAE nationals working in Dubai’s government and private sectors.
So who is eligible? The General Pension and Social Security Authority GPSSA law applies to all UAE citizens. They must work in the government or private sectors in Dubai Sharjah Ajman Ras Al Khaimah Fujairah and Um Al Quwain.
Employers must register UAE national employees with the General Pension and Social Security Authority GPSSA within one month of their joining date. What documents are needed for registering with the General Pension and Social Security Authority GPSSA? A copy of the passport Emirates ID Family Book ID birth certificate and the service start form are needed. Also required are the appointment letter or employment contract and a medical examination photocopy.
The employee should be between 18 and 60 years old to register with the General Pension and Social Security Authority GPSSA. Once registered the General Pension and Social Security Authority GPSSA issues an insurance number to the employee. The employee should confirm their registration within one month of joining.
The monthly General Pension and Social Security Authority GPSSA pension contributions total 26% of the employee’s contribution account salary. The employee contributes 11% and the employer contributes 15%. The government contributes 2.5% of a private sector employer’s share. This is for Emirati nationals whose contribution account salary is less than AED20000.
The base amount for calculating social contributions includes the basic monthly salary social allowance allowance for children allowance for the cost of living and allowance for accommodation. In the private sector the base is the contractual salary including basic salary and allowances paid monthly. The maximum base amount for calculating General Pension and Social Security Authority GPSSA is AED 50000. The minimum is AED 1000.
For private sector employees the January salary determines social contributions for the rest of the year. If an employee joins after January the joining month’s salary is the basis for contributions until December. Companies deduct the employee’s portion through payroll. They pay the total contribution to the General Pension and Social Security Authority GPSSA through UAEFTS. Payments must be in AED currency only.
The deadline for General Pension and Social Security Authority GPSSA payments is the 15th of the following month. Failure to pay on time results in a penalty. It is 0.1% of the payable contributions per day of delay.
The General Pension and Social Security Authority GPSSA ensures the rights of citizens. It requires all qualified employees UAE or GCC nationals to be registered. Social contributions are mandatory. They aim to serve UAE residents and families in the evolving social environment.
The General Pension and Social Security Authority GPSSA stands as a pillar of support. It secures the financial future of countless Emiratis contributing to the prosperity of Dubai and the UAE.